Categories: Business

BOJ raises interest rates to 31-year high in widely expected move

TOKYO, Sept 18 (Reuters) – The Bank of Japan raised interest rates to a 31-year high of 1.25% on Friday in a widely expected move to forestall risks of inflation overshooting its 2% inflation target.

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Hyundai Motor CEO warns of Chinese vehicle surge in the US without guardrails

By Abhirup Roy and Hyunjoo Jin SAN JOSE, California/SEOUL, Sept 18 (Reuters) - Hyundai Motor…

3 minutes ago

Mets 1B Jared Young, knocked cold, diagnosed with concussion symptoms

Mets first baseman Jared Young was knocked unconscious but "avoided the scariest outcomes" after being…

10 minutes ago

US FCC approves foreign investment in Paramount Warner merger

By David Shepardson WASHINGTON, Sept 17 (Reuters) - The Federal Communications Commission approved a Paramount…

14 minutes ago

UPDATE 1-India's Tata Group stocks fall after SP Group unveils $2.6 billion stake sale plan

(Adds details throughout) Sept 18 (Reuters) - Shares of most Tata Group stocks fell on…

20 minutes ago

Hyundai Motor CEO warns of Chinese vehicle surge in the US without guardrails

By Abhirup Roy and Hyunjoo Jin SAN JOSE, California/SEOUL, Sept 18 (Reuters) - Hyundai Motor…

25 minutes ago

MALAYSIA PM'S DEPT: JAILED EX-PM NAJIB RAZAK PERMITTED TO SERVE REMAINDER OF TERM UNDER HOME ARREST

MALAYSIA PM'S DEPT: JAILED EX-PM NAJIB RAZAK PERMITTED TO SERVE REMAINDER OF TERM UNDER HOME…

31 minutes ago